If there’s no second wave of COVID-19, there is plenty of hope for a V-shaped economic recovery, the SMMT (Society of Motor Manufacturers & Traders) Summit was told last month.
Doubts remain over the depth of that recovery, but attendees of the virtual conference heard that car sales have been building quickly in countries that have come out of lockdown.
Talking through the company’s global sales, Christian Dahlheim (pictured), Volkswagen AG head of group sales, said China has almost returned to normal and in Europe, “hard hit” by the pandemic, sales are climbing to around 70-75% of typical levels.
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